Boston Communications Group Announces Three New Payment Agent Service Implementations.Business Editors/High-Tech Writers WOBURN, Mass.--(BUSINESS WIRE)--July 9, 2003 New Real-Time Payment Service Gains Traction, as Cellular One of Northeast Arizona Northeast Arizona, sometimes referred to by local people as The Rez, is a region of the U.S. state of Arizona commonly including Apache County and Navajo County. Some notable towns there are St. , Thumb Cellular Thumb Cellular is a privately owned cellular company located in the "thumb of Michigan". Thumb Cellular's service area covers Tuscola, Sanilac, and Huron counties. It currently offers CDMA service as well as AMPS coverage. and Cellular One of East-Central Illinois Select bcgi Boston Communications Group bcgi develops products and services that enable wireless operators to fully realize the potential of their networks. bcgi's Access Management, Billing, Payment and Network Solutions help operators rapidly deploy and manage innovative voice and data services for subscribers. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BCGI), a leader in transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. solutions for real-time wireless subscriber management, payment services, billing and customer care, today announced three new carrier implementations of bcgi Payment Agent Service, an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for payment card processing. Cellular One of Northeast Arizona, Cellular One of East-Central Illinois, and Thumb Cellular, located in Pigeon, Mich., are using the new service to offer their prepaid wireless subscribers the ability to purchase airtime using their payment cards anytime, anywhere. Managing all aspects of the transaction, including authorization, risk management and customer care, bcgi Payment Agent Service is an comprehensive solution that opens an additional payment channel for subscribers, while reducing carriers' operational costs. The three carriers implemented bcgi Payment Agent Service as a complement to bcgi Prepaid Connection, which enables them to offer prepaid wireless services to subscribers. "By implementing bcgi Payment Agent Service we are able to offer additional, convenient account replenishment options that help increase usage, while improving ease of use and customer retention," said Richard Watkins Richard Watkins is well-known as a concerto soloist and chamber music player. He was Principal Horn of the Philharmonia from 1985 to 1996[1], a position he relinquished to devote more time to his solo career. , chief operations officer of Cellular One of Northeast Arizona. "bcgi's complementary solutions have enabled us to quickly and cost-effectively introduce new services that help us compete in the rapidly growing wireless industry." In addition to making it easier for subscribers to add funds to their accounts with a credit or debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. via the Internet, handset or customer service representative, bcgi enables carriers to bring the offering to market quickly through its TOTALsource implementation model. Providing an end-to-end outsourced environment for the deployment of bcgi solutions, including ongoing support, bcgi gives carriers a competitive advantage as they seek to further capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the growing market for prepaid users. "These carriers are at the forefront of wireless growth, because they recognize the importance of providing enhanced services and convenience to subscribers," said E.Y. Snowden, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of bcgi. "As a result, we have seen tremendous early success with bcgi Payment Agent Service, as carriers aggressively market prepaid offerings to grow their businesses and acquire subscribers in new market segments." About bcgi Payment Services bcgi Payment Services are end-to-end, integrated solutions for real-time, assisted and self-serve payment transactions. For these solutions, bcgi unites wireless operators with multiple financial partners and takes complete responsibility for the transactions, including reconciliation, cash settlement and remittance. In deploying bcgi's real-time payment services, carriers can offer a choice of convenient payment options - cash, debit or credit cards - that can be used via the Internet, from the handset, at ATMs, and at self-serve kiosks. About Boston Communications Group, Inc. Boston Communications Group, Inc. (NASDAQ: BCGI), an S&P Small Cap 600 Index company and Russell 2000 Index Russell 2000 Index An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States. company, is a leader in transaction processing solutions for real-time wireless subscriber management, payment services, billing and customer care. Through these solutions, bcgi delivers prepaid and postpaid billing, wireless account recharge and mobile commerce. Founded in 1988, bcgi provides solutions to carriers through a combination of its industry-leading, proprietary software applications, world-class infrastructure and data centers, expertise in telecommunications platform integration, and flexible implementation models. bcgi provides one or more of its solutions to more than 100 wireless operators worldwide, including five of the top six U.S. carriers. Please visit the bcgi Web site at http://www.bcgi.net. |
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